£191,856
This estimated value is based upon the latest sale price for the house of £148,000 on 5 May 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £148,000 | 5 May 2017 |
| £46,000 | 13 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER MANCHESTER to estimate the market value.
When this house was purchased in May 2017 the House Price Index for GREATER MANCHESTER was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £148,000 results in an estimated price of approximately £191,856.
| 5 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £148,000 | £43,856 | £191,856 |
The Postcode Pricing Model uses changes in average sales price within the SK1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 92.425 % | £136,788 | £284,788 |
| 3 Month Average | 103.748 % | £153,546 | £301,546 |
| 6 Month Average | 80.120 % | £118,577 | £266,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £216,657 | £210,000 | 98 TURNCROFT LANE |
| 29 Nov 2023 | £164,167 | £160,000 | APARTMENT 12 ALDER HEIGHTS NEW ZEALAND ROAD |
| 24 Nov 2023 | £277,032 | £270,000 | 170 TURNCROFT LANE |
| 25 Aug 2023 | £164,466 | £161,500 | 12 VERNON AVENUE |
| 15 Aug 2023 | £195,527 | £192,000 | 2 VERNON AVENUE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 3 Oct 2016. Using an estimated price of £191,857 means this house is valued at £2,592 per sq meter (£240 per sq foot).
The average size of a house on VERNON AVENUE is 80 sq meters (863 sq feet).